BAE Systems plc (LON:BA) Insider Brad Greve Acquires 11 Shares

BAE Systems plc (LON:BA) insider Brad Greve bought 11 shares of the firm’s stock in a transaction dated Thursday, November 14th. The shares were acquired at an average price of GBX 1,341 ($16.90) per share, with a total value of £147.51 ($185.90).

BAE Systems Price Performance

LON BA opened at GBX 1,287 ($16.22) on Monday. The company has a market cap of £38.87 billion, a PE ratio of 2,145.00, a P/E/G ratio of 3.33 and a beta of 0.33. The firm’s 50 day moving average price is GBX 1,299.58 and its 200-day moving average price is GBX 1,318.57. The company has a debt-to-equity ratio of 94.37, a quick ratio of 0.91 and a current ratio of 1.03. BAE Systems plc has a 52-week low of GBX 1,012.50 ($12.76) and a 52-week high of GBX 1,415.25 ($17.84).

Analysts Set New Price Targets

Several research analysts recently commented on the stock. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 1,500 ($18.90) price target on shares of BAE Systems in a research note on Thursday, July 25th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,360 ($17.14) target price on shares of BAE Systems in a research report on Friday, September 6th. Shore Capital reiterated a “hold” rating on shares of BAE Systems in a report on Thursday, August 1st. Finally, Citigroup upgraded BAE Systems to a “buy” rating and set a GBX 1,440 ($18.15) price objective on the stock in a report on Monday, July 29th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, BAE Systems presently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,438 ($18.12).

About BAE Systems

BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance capabilities, space electronics, and electric drive propulsion systems.